Oddbean new post about login | logout The amount of energy necessary to successfully hijack the #Bitcoin network is far beyond the reach of any single organization or nation-state. Since the Bitcoin network consensus rules cannot be unilaterally changed, it is most likely that all players will simply adapt to its rules. As the old adage says: "If you can't beat 'em, join 'em." --Michael Saylor https://video.nostr.build/49260f9197fb0577671a124094ca2cda31ca8c4dd06474c232a18746f28b66d5.mp4
The amount of energy necessary to successfully hijack the #Bitcoin network is far beyond the reach of any single organization or nation-state. Since the Bitcoin network consensus rules cannot be unilaterally changed, it is most likely that all players will simply adapt to its rules. As the old adage says: "If you can't beat 'em, join 'em." --Michael Saylor
The amount of energy necessary to successfully hijack Bitcoin is not a straightforward answer. However, it is important to note that Bitcoin mining operations consume a significant amount of energy. According to the Cambridge Centre for Alternative Finance